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$1.2b Reem Mall to be completed in 2020

Reem Mall

$1.2b Reem Mall to be completed in 2020 Abu Dhabi: The construction of $1.2 billion (Dh4.4 billion) Reem Mall began on Sunday with a foundation laying ceremony on Reem Island. Shaikh Nahyan Bin Mubarak Al Nahyan, Minister of Tolerance and other top Abu Dhabi government officials were present on the occasion. Reem Mall is set…

Jumeirah Golf Estates launches an additional mid-market tower

Jumeirah golf estates

Jumeirah Golf Estates launches an additional mid-market tower Jumeirah Golf Estates is launching an additional tower at its mid-income development Alandalus. Another 122 apartments will be available to aspiring investors and homeowners. Alandalus was introduced in response to the growing demand for mid-market housing in Dubai. The latest launch of this new tower responds to…

Dubai real estate: Not just a man’s world

Female home owners

Dubai real estate: Not just a man’s world Women accounted for 30% of Dubai realty transactions in Q1 2018 Women buyers are an active part of Dubai’s real estate market and they continue to represent a growing share of total buyers. In Q1 2018, 2,431 female investors participated in 2,780 transactions and invested Dh4.4 billion…

Damac targets to operate 15,000 hotel rooms by 2021

Damac

Damac targets to operate 15,000 hotel rooms by 2021 Damac Hotels & Resorts, the hospitality arm of Damac, is looking to boost its current portfolio of around 1,700 hotel units over the next 3 years, with the aim of delivering 15,000 units by 2021. Speaking at the Arabian Travel Market, Damac chairman Hussain Sajwani said:…